00:00 If you feel like many of the messages that come to your phone are scams, you're not alone.
00:04 Fraudsters sent more than 160 billion robotexts trying to steal more money than ever before in 2023.
00:12 In fact, last year, an estimated $33 billion flowed into the hands of criminals thanks to robotext scams.
00:20 According to Money Talks News, the top scams were delivery scams, bank scams, travel scams, and Apple and hardware scams.
00:28 Robocalls became less prevalent last year, with Americans receiving an estimated 59 billion robocalls.
00:35 Still, these calls led to Americans losing another $69 billion.
00:40 When it comes to phone calls, experts say you should watch out for health insurance scams, debt collector scams, and pharmacy scams.
00:47 According to RoboKiller, quote, "scammers know that the most effective way to reach consumers is through SMS,
00:54 considering 86% of the population owns a smartphone and 95% of messages on those smartphones are read."
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